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CGI completes Novatec acquisition, strengthening its European presence in key commercial industry sectors
CGI completes Novatec acquisition, strengthening its European presence in key commercial industry...
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[{"type":"text","content":"\n\n\n\n CGI completes Novatec acquisition, strengthening its European presence in key commercial industry sectors\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntar{\nTEXT-ALIGN: RIGHT\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n Stock Market Symbols\n \n\n\n GIB.A (TSX)\n \n\n\n GIB (NYSE)\n \n\n\n cgi.com/newsroom\n \n\n\n\n MONTRÉAL, Canada LEINFELDEN-ECHTERDINGEN,\n \n Germany\n \n and\n \n GRANADA\n \n ,\n \n Spain\n \n\n ,\n \n\n March 21, 2025\n \n\n /CNW/ - CGI (TSX: GIB.A) (NYSE: GIB), one of the largest independent IT and business consulting services firms in the world, has completed the previously announced acquisition of Novatec by its wholly owned limited partnership, CGI Deutschland B.V. & Co. KG.\n \n\n Novatec is a leading digital services company in\n \n Germany\n \n and\n \n Spain\n \n . Founded in 1996, it offers a wide range of business and IT consulting services, including cloud-based solutions, agile products, software development and digital strategies. Novatec's application performance management solutions will complement CGI's existing intellectual property portfolio and enable clients to accelerate digital innovation through the use of new technologies such as AI.\n \n\n \"CGI and Novatec share a corporate culture based on results-oriented intrapreneurship, innovation and a high degree of accountability and ownership. The experts joining us from Novatec are problem solvers and, like us, are focused on delivering tangible results for clients,\" said\n \n Ralf Bauer\n \n , CGI President of\n \n Germany\n \n operations. \"Together, we can create additional value for our clients in the automotive, manufacturing and financial services industries, turning digital innovation into business value.\"\n \n\n \"The expertise that Novatec contributes to our team will complement CGI's local and global capabilities, strengthening our technology expertise and industry insights through new offerings to clients,\" adds\n \n Alberto Anaya\n \n , Senior Vice-President and Business Unit Leader for CGI Spain.\n \n\n More than 300 IT and consulting exper...